$INJ update on 1H
Updated
IINJ is currently consolidating with a target of $28.
- Monthly indicators are bullish, signaling sustained growth.
- Weekly indicators are also bullish, confirming the monthly trend.
- Daily indicators are neutral, with the MACD needing to decide whether to continue consolidating or cross into another pump.
- Hourly indicators show continued consolidation.
IINJ is not a meme coin; it’s growing steadily and gradually. There’s also a major IINJ conference at Devcon today.
Growth signs align with IINJ’s seasonality when compared to 2023.
- Monthly indicators are bullish, signaling sustained growth.
- Weekly indicators are also bullish, confirming the monthly trend.
- Daily indicators are neutral, with the MACD needing to decide whether to continue consolidating or cross into another pump.
- Hourly indicators show continued consolidation.
IINJ is not a meme coin; it’s growing steadily and gradually. There’s also a major IINJ conference at Devcon today.
Growth signs align with IINJ’s seasonality when compared to 2023.
Trade active
IINJ has broken up the consolidation pattern.
There is an intense sell pressure at $26 that needs to be overcome. But it looks like we are going to the target. Now IINJ is in a raising pattern that is pretty solid on 1H, Updated chart here:
IINJ didn't had its pump yet like most other coins.
Trade closed: target reached
%INJ went to $27.2 and missed our target by a little bit. However it did what was expected.
Now RSI and MACD needs to reset lower to expect more gains.
The bottom support is at $23. Ket see if IINJ can stay in its raising partter or will it reintegrate the corrective one?
Updated chart is here:
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